The housing market in Hawthorne, NJ has experienced steady growth over the last year, with median values reaching $469,100. This is significantly higher than the US median value of $338,100 and is indicative of strong economic activity in the area. The 1 year house appreciation rate in Hawthorne is 8.22%, which aligns closely with the US 1 year house appreciation rate of 8.27%. All in all, Hawthorne provides residents with a stable and healthy housing market that continues to grow steadily over time.
The median home cost in Hawthorne is $469,100. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Hawthorne is up 10.8%.
Average Age of Homes
- The median age of Hawthorne real estate is 62 years old
The Rental Market in Hawthorne
- Renters make up 32.1% of the Hawthorne population
- 0.7% of houses and apartments in Hawthorne, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.